YottaMark announced that it has acquired “substantially all” the assets of ShopWell Solutions, Palo Alto, Calif., supplier of the ShopWell nutritional guidance app.
Woolworths announced that the price of hundreds of its most popular products have been cut by up to 33 per cent, weeks after Coles announced it would extend its ‘Down Down’ campaign.
Belgium-based food retailer Delhaize has agreed to sell three U.S. supermarket chains to rival Bi-Lo Holdings for $265 million to simplify its U.S. business and focus more on its larger chains.
As one of the first German companies to enter the Chinese market, retail giant Metro Group said it will continue to invest and expand in China this year.
United Natural Foods Inc., here said Tuesday ongoing consumer interest in natural and organic foods prompted it to raise its sales guidance for the fiscal year that ends Aug. 3.
Israeli food and drinks maker Strauss Group posted sharply higher first quarter net profit, boosted by income at its international coffee and its spreads and dips operations as well as by lower expenses and streamlining measures.
Aeon Co (M) Bhd will be investing RM700mil in capital expenditure (capex) over the next two years to build new shopping malls and to refurbish some of its existing ones.
Spar International, a Netherlands-based independent food retail chain, has outlined its plans to expand its overseas presence in Russia, China and the Middle East in near future.
Israeli food maker Osem Investments said on Sunday its first-quarter net profit edged up 1 percent, boosted by efficiency measures and a decline in financing expenses.
Retail sales in the United Kingdom unexpectedly fell in April, led by the biggest drop in food sales for almost two years and indicating continued weakness in consumer spending.
Carrefour has agreed to sell its remaining 25-percent stake in a Middle East joint venture to local partner Majid Al Futtaim (MAF) for 530 million Euro ($682.45 million), MAF said in a statement on Wednesday.
Belgian grocer Delhaize is looking to sell two of its U.S. businesses as it continues to cut costs in the region, according to two sources familiar with the matter.
Spartan Stores here Wednesday said the early Easter holiday and new wholesale accounts helped the company post sales gains and better-than-expected earnings in the fiscal fourth quarter.
Sixty percent of food retailers surveyed said they had higher customer counts in 2012, according to a new report from Food Marketing Institute, although average sales growth was below inflation.
